116 W McDowell Rd - Office FOR SALE


Phoenix, AZ 85003
$1,975,000 USD
480-220-2674
116 W McDowell Rd, Phoenix, AZ for Sale
$1,975,000 USD
Office - FOR SALE
1/18
null | Request Cap Rate

116 W McDowell Rd
Phoenix, AZ 85003


HIGHLIGHTS

  • ±6,665 of Creative Office Space
  • ±0.22 Acres of Land
  • Easy Access off of McDowell Rd
  • Owner-User/ Live Work Opportunity
  • Renovated in 2023

OVERVIEW

SVN Desert Commercial Advisors, as the sole representative of the Owner, is proud to present for sale 116 W McDowell Rd. The subject property consists of a distinctive two-story creative office building spanning ±6,665 SF on a ±0.22- acre parcel. The property features a versatile layout including a basement, a dedicated office level with a mezzanine, and an exclusive penthouse residential unit. Currently, there is a tenant who plans to vacate upon the sale of the building, which presents an opportunity for an owner-user/ live-work scenario. With modern finishing, this building allows for a variety of uses for this space and provides a great location that is located in the urban, walkable Downtown Phoenix.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

116 W McDowell Rd

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

DTC- McDowell Corridor

APN/PARCEL ID

118-56-126

ASK ABOUT THIS PROPERTY

Justin HorwitzSVN | Desert Commercial AdvisorsMore Info
480-220-2674

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Justin HorwitzSVN | Desert Commercial AdvisorsMore Info
480-220-2674

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.